The global market for foam trays is largely fragmented and companies are operating amid an immense level of competition. According to a recent report by Transparency Market Research, the leading three vendors, namely Pactiv LLC, Genpak LLC, and Sealed Air Corporation, collectively accounting for nearly 40% of the market in 2014. Competition is especially severe in regional markets where a large number of unorganized players command a prominent position in local markets with the help of ... Read more